Economy and Investment Committee hosts Central Bank Governor
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Economy and Investment Committee hosted a Sunday fell on 3/5/2015 headed by mp Jawad Al-bulani Chairman and attending members, Mr on the relationship of the Governor of the Central Bank to discuss the Bank's monetary policy and ways to encourage the private sector.
The head of economy and Investment Committee during the meeting that it is important at this stage that the country suffers from financial and economic crises that fiscal and monetary policy is working to promote the economic realities with hope for investment and the private sector."
He continued to be involved with Al-bulani monetary policy move quickly now to invest block cash and direct it properly to support the private sector banks and companies, and here the liquidity as a motive for investment which will generate additional revenues and increases the gross national income and GDP.
The Central Bank Governor said about finishing the final touches for the issuance of the new currency in denominations of 50 000 and that would reduce the volume of currency in circulation.
He continued the relationship that the Central Bank has the largest sectoral banks lending and private banks and invest these funds in investment projects and also support various economic sectors such as agriculture, industry, housing and others.
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